POSITION SUMMARY:

Our client is actively seeking a Cost Account Manager to play a critical role in overseeing our inventory and cost accounting operations. This position requires a deep understanding of cost accounting principles and a proven track record of practical experience. The ideal candidate will possess outstanding leadership and communication skills, an analytical approach, critical thinking abilities, flexibility, and exceptional organizational and project management skills. Our dynamic and fast-paced work environment cultivates a spirit of teamwork and innovation. At the heart of our mission is a passion for driving innovations that significantly enhance the quality of healthcare and patient experiences. We invite dedicated professionals who share our passion for making a meaningful impact to join our team today!

RESPONSIBILITIES:

• Oversee cost accounting processes, including inventory valuation, variance analysis, and cost of goods sold calculations.
• Manage inventory accounting, encompassing amortization schedules and asset tracking.
• Demonstrate a deep understanding of the manufacturing process, from raw materials to finished goods, including cost of sales.
• Lead the month-end closing process, ensuring accurate journal entries and account reconciliations for inventory and cost of goods sold in compliance with U.S. GAAP.
• Conduct ongoing reporting and root cause analysis on margins, absorption, price volume mix, and other metrics to maintain timely and accurate standards and gross margins.
• Execute the annual standard cost roll, ensuring meticulous preparation and implementation.
• Analyze manufacturing costs and compile reports to compare standard costs against actual production costs, providing actionable insights.
• Collaborate with cross-functional teams to analyze financial data, driving informed business decisions and strategic profit growth.
• Present cost accounting reports to senior management, offering data-driven insights for effective decision-making.
• Develop and maintain comprehensive cost accounting models, documents, and organizational records.
• Oversee the year-end inventory count, guaranteeing the precision of inventory records.
• Manage and/or mentor other members of the cost accounting staff. Provide support, guidance, and direction for accounting activities performed out of the GBS.

QUALIFICATIONS:

• Educational Background: Bachelor's Degree in Accounting, Finance, or a closely related
• Relevant experience may substitute for required education.
• Professional Experience: A minimum of 7-10 years in the accounting field, including at least 5 years specializing in cost accounting. Experience should demonstrate a capacity for providing guidance and leadership within a team setting.
• Technical Expertise: A solid grasp of U.S. Generally Accepted Accounting Principles (GAAP), showcasing strong proficiency and application in a professional setting.
• Leadership Abilities: Demonstrated leadership capabilities with a track record of developing and mentoring team members, fostering a culture of growth and learning.
• Communication Skills: Exceptional ability to communicate effectively across all organizational levels, including engaging with external auditors, and showcasing strong interpersonal skills.
• Analytical Skills: Robust quantitative and qualitative analytical skills, with a keen eye for detail and the ability to derive insights from complex financial data.
• Innovation and Adaptability: A forward-thinking mindset, with a penchant for exploring new ideas, embracing innovation, and adapting swiftly to changes in the business environment.
• We are looking for candidates who not only meet these foundational requirements but are also driven by curiosity, thrive in a dynamic environment, and are passionate about contributing to a culture of continuous improvement and excellence.

Preferred Qualifications:

• Big Four public accounting experience preferred.
• Certified Public Accountant (CPA) license or equivalent preferred.
• Experience in a fast-paced, team-oriented, matrixed organization.
• Excellent interpersonal skills and the ability to deal effectively with a variety of personnel, both internally and externally.
• An eagerness to learn and take on challenges in a rapidly-growing and dynamic environment; must be a team player.
• Ability to motivate others with a shared sense of vision or purpose.
• Strategic thinking with an emphasis on relationship management and communication at all levels within an organization.

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